And if someone implements a " defer, defer and die" strategy they can avoid paying taxes on real estate indefinitely.That's the quick summary.

Other industries are getting billions and the government has not even implemented polices that amount to theft of their property. 

What type of strategy are you looking to implement; LTR, STR, MTR other? 

Regarding advisory work, I see your tax planning documents and will follow up separately to see how things are being implemented.

Also, what strategy are you implementing (flip, BRRRR, etc)?

@Victor Tofilski Zillow only shows 3 active rental in Pickney right now, so not a lot of competition.Given that, wouldn't worry about your pics and such - but, the advice given by others you should implement going forward.As others have also said, Nov-Feb is worse 4 months of the year to have a vacancy.- LESSON: don't allow leases to end during these months!

I do not know enough or want to look into it.I will take this another direction though - should they actually rebuild those homes or should they re-evaluate the area and implement a plan to properly zone and master plan those areas to avoid this in the future.

HI @Zachary Sakena putting property into LLC in my opinion depends on that strategy you are looking to implement for next property and if you want to leverage property moving out of into LLC.  

Philadelphia has implemented various forms legislation over the years between abatements, land banks and density bonuses geared towards promoting development in areas that suffered from disinvestment and housing affordability challenges with some legislation having been more effective than others. 

Even if the property owner LLC is named as a co-defendant for construction related liability if you implement the steps I mentioned in my earlier post,  in most instances construction related liability can be deflected to Builder or responsible sub contractors.